Bitcoin News

Bitcoin (BTC) was created by the pseudonymous Satoshi Nakamoto in 2008 as the world's first successful cryptocurrency, solving the double-spending problem that had plagued previous digital cash experiments. Operating on a decentralized proof-of-work blockchain, Bitcoin enables peer-to-peer transactions without intermediaries, with its monetary policy enforced through cryptographic consensus rather than central authority.

The Bitcoin network is maintained by miners who secure transactions and earn newly minted bitcoin, while a global ecosystem of traders, institutional investors, developers, and businesses continues expanding its adoption. From El Salvador's legal tender status to corporate treasury adoption by companies like MicroStrategy and Tesla, Bitcoin has evolved from a cryptographic experiment into a recognized store of value and inflation hedge.

At CoinDesk, we deliver breaking Bitcoin news and in-depth analysis covering everything from price movements and institutional adoption to technological developments and regulatory shifts. Our team tracks Bitcoin ETF launches, mining industry changes, Lightning Network growth, and the ongoing debates shaping cryptocurrency's future.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Finance

Bitfarms Hits Record High Hashrate in October and Forecasts Additional Growth

The Canadian miner expects to expand its bitcoin mining power by 11% in November, after achieving 1.8 EH/s in October.

By Aoyon AshrafNov 1, 2021

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq

Finance

NFL Star Aaron Rodgers Gives Ringing Endorsement of Bitcoin

The Green Bay Packers quarterback will be taking a part of his salary in bitcoin and is also giving away $1 million of the crypto as part of a promotion with payments provider Square.

By Nelson WangNov 1, 2021

GLENDALE, ARIZONA - OCTOBER 28: Aaron Rodgers #12 of the Green Bay Packers leaves the field following a game against the Arizona Cardinals at State Farm Stadium on October 28, 2021 in Glendale, Arizona. The Packers defeated the Cardinals 24-21. (Photo by Christian Petersen/Getty Images)

Finance

Hackers roban identidades con el sistema de verificación de la Chivo Wallet en El Salvador

Cientos de salvadoreños dicen que hackers han abierto billeteras digitales Chivo con sus números de identificación para cobrar el bono de $30 en bitcoin ofrecido por el gobierno de Nayib Bukele.

By Andrés EnglerNov 1, 2021

Un cajero automático Chivo en San Salvador, El Salvador (Camilo Freedman/APHOTOGRAFIA/Getty Images)

Videos

What’s Driving Bitcoin’s Bull Run?

Global Head of Digital Assets at global crypto broker ED&F Man Capital Markets Brooks Dudley discusses his crypto markets assessment and outlook after bitcoin posted its biggest monthly price gain in October since December 2020 and whether it’s institutions or retail investors driving the rally.

Nov 1, 2021

Videos

Bitcoin Eyes Fed Meeting After Biggest Monthly Price Gain Since December 2020

Bitcoin’s October rally appears to have put the cryptocurrency on a firm footing ahead of central bank meetings in the U.S., U.K., and Australia to assess the stickiness of inflation and determine policy response. BTC surged nearly 40% in October, recording the biggest single-month percentage rally since December 2020.

Nov 1, 2021

Finance

Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process

Hundreds of Salvadorans say hackers opened Chivo Wallets with their ID numbers to claim the $30 bitcoin incentive dangled by Nayib Bukele’s government.

By Andrés EnglerNov 1, 2021

Finance

Crypto Fund Inflows Slow After Record Jolt From Bitcoin Futures ETF

The majority of inflows were bitcoin-related, with a total of $269 million pumped into investment funds focused on the original cryptocurrency.

By Helene BraunNov 1, 2021

Chart of weekly flows of investor money into crypto funds shows a big uptick last week.

Videos

Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process

Hundreds of Salvadorans have reported identity thefts, saying hackers opened Chivo Wallets with their ID numbers to claim the $30 bitcoin incentive dangled by Nayib Bukele's government. "The Hash" hosts discuss the latest development in El Salvador's rollout of bitcoin as legal tender.

Nov 1, 2021

Videos

Could the SEC Approve Grayscale’s Bitcoin Spot ETF Next Year?

Grayscale Investments filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Bitcoin Trust (GBTC) into a bitcoin spot ETF, but could it get greenlit this year? Grayscale Global Head of ETFs Dave LaValle shares his insights into the U.S. regulatory landscape and the industry implications of the potential SEC approval on a physically-backed bitcoin ETF. Plus, his views on stablecoins.

Nov 1, 2021

Markets